ARTICLES TAGGED WITH "Bent Oustad"

After the Telegrafen purchase – Norwegian Property ready for new acquisitions

Norway Norway — Norwegian Property keeps building its Oslo CBD portfolio – this time through the acquisition of Telegrafen. CEO Bent Oustad tells Nordic Property News about the acquisition, what kind of new acquisitions Norwegian Property looks for, the growth ambitions in Oslo CBD and shares his view of transaction market at the moment.

Norwegian Property buys Telegrafen in Oslo

Norway Norway — As of 27 October, Norwegian Property (NPRO) has entered into an agreement to purchase 94.1 percent of the shares in Telegrafen Invest AS. The company is 100 percent owner of the property 'Telegrafen' at Kongens gate 21 in Oslo. The agreement has been concluded between NPRO Holding AS and the owners of Telegrafen Invest AS.

Norwegian Property Makes Key Recruitment

Norway Norway — Vidar Stokkeland is appointed to Norwegian Property as Development Director. He joins from the position of Project and Development Director in Oslo Areal, he has also previously worked as manager of Skanska Commercial Development AS.

Differences for Norwegian Property Since the Delisting

Norway Norway — Norwegian Property’s CEO Bent Oustad on the Q4 results, the everyday work since the delisting from the Oslo stock exchange, and investment targets for 2022.

The Giant Left the Stock Market: Here Are the Future Targets

Norway Norway — Norwegian Property’s CEO Bent Oustad: “Time spent to visit equity investors will of course be reduced but...”

How Norwegian Property Will Grow in the Hot Area

Norway Norway — Norwegian Property’s CEO Bent Oustad on the acquisition in Nydalen, the growth targets in the area, and the Norwegian resilience in the office transaction market.

“We See a Flat Development on the Norwegian Office Market”

Norway Norway — Norwegian Property’s CEO Bent Oustad on the intense 2020, the Q4 figures and notable trends in the retail and office segments in Norway.

Another Done Deal: Major Increase of Transactions for Norwegian Property in 2020

Norway Norway — Norwegian Property’s CEO Bent Oustad on the importance of the Fornebu acquisition from Telenor, the transaction achievements in 2020, and future growth targets in the Oslo region.

“Demanding Times for Many Tenants”

Norway Norway — Bent Oustad, CEO of Norwegian Property, on the Q3 results, the Covid-19 effects during the ‘flattish’ third quarter and the giant acquisition in Oslo.

Norwegian Property Makes Massive Oslo Acquisition

Norway Norway — Norwegian Property acquires Telenor's building in Fornebu, Oslo, for NOK 5.45 billion (EUR 496M).

“We Have Tried to Be Open to the Market”

Norway Norway — Just over six months have passed since the corona outbreak started to make an impact on the investment market across Europe. How has it affected the Nordic giants? Nordic Property News has spoken to some of the companies in the Nordics. Today: Bent Oustad, CEO of the Norwegian listed company, Norwegian Property.

Why Norwegian Property Acquires Veidekke Eiendom Together with Partners

Norway Norway — Bent Oustad, CEO of Norwegian Property, tells Nordic Property News about the purchase of Veidekke Eiendom, together with Fredensborg AS and Union Real Estate; when the process started and how it will be to enter the Swedish market.

Veidekke to Divest the Property Development Operation

Norway Norway — Veidekke has signed an agreement with a consortium comprising Fredensborg AS, Fredensborg Bolig AS, Norwegian Property ASA and Union Real Estate Fund III Holding AS concerning the sale of the property development operation in Norway and Sweden against a cash payment of NOK 7.7 billion on a debt-free basis.

“There Will Be Both Positive and Negative Effects on the Norwegian Property Market”

Norway Norway — Bent Oustad, CEO of the listed real estate company Norwegian Property, tells Nordic Property News on the office investor’s actions during the crisis and which effects he sees among their tenants.

The Evolution of Aker Brygge: ”Many New Concepts”

Norway Norway — Norwegian Property’s CEO Bent Oustad on how they tackle the e-commerce threat, the Oslo focus areas and why the company is about to leave Stavanger.

Norwegian Property Sells Stavanger Property

Norway Norway — Badehusgata 33-39 Holding AS, owner of the property Badehusgata 33-39 in Stavanger, has been sold to a SPV established by Malling & Co Project Finance.

“It Is Not Every Day that We Get Such Opportunities”

Norway Norway — Norwegian Property’s CEO Bent Oustad tells Nordic Property News about the attractive acquisition in central Oslo and the strong development for the company on the Oslo Stock Exchange in 2019.

Norwegian Property: ”There Is Still Great Demand for Offices”

Norway Norway — Norwegian Property’s CEO Bent Oustad on the rental market in central Oslo and which segments that have stagnated this summer.

Where Norwegian Property Looks for Future Assets

Norway Norway — Listed company Norwegian Property’s CEO Bent Oustad on why rental income is weaker than expected, which areas in Norway are their main focus and why the prime yield concept is outdated.

NPRO Makes Hasle Acquisition

Norway Norway — Norwegian Property has entered into an agreement to purchase 'Vinslottet' at Hasle in Oslo. Sellers are Profier AS and Hasle Utvikling AS which is owned by Höegh Eiendom AS,